W T Swim Club Inc

Analysis

W T Swim Club Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, W T Swim Club Inc reported income of $342k and spending of $329k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $340k to $342k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, W T Swim Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Girls on the Run of Greater Richmond ($342k), Tohkon Judo Academy Inc ($342k) and Premier FC ($341k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $73k (22% of expenses). Other salaries and wages came to $114k. At year end it held assets of $83k against liabilities of $3,498, net assets of $80k. It reported 45 employees.